Yes — Elev8 and OctaFX are directly connected. Elev8 is a rebrand launched by the same group of companies that previously operated under the OctaFX name, using the same licensed entities registered in Mauritius and Comoros. The separation from Octa became effective on February 9, 2026, with Elev8 emerging as an independent international brokerage brand. If you've traded with OctaFX before, you're essentially looking at the same underlying business wearing a new name. Ready to start? Register with Elev8 Demo Account or Visit Brokers What Exactly Is the Connection Between Elev8 and OctaFX?The group behind Elev8 includes two licensed entities regulated in Mauritius and Comoros, the same entities that previously operated under the Octa brand through a brand-sharing agreement. In practical terms, this means the company structure, licensing, and back-end operations didn't change — only the name, logo, and website did. Clients who were previously onboarded under the Mauritius and Comoros entities are being migrated to the new brand without any changes to the underlying legal entities. You may have also noticed that visiting octafx.com now redirects you somewhere new. Traffic from the OctaFX.com website is now being diverted to the new Elev8 domain. Interestingly, Elev8 didn't launch on a fresh domain — the operators acquired an existing website that had previously hosted celebrity and pop culture content, which is a fairly unusual move for a financial brand and worth knowing if you're doing your own due diligence. It's also worth noting that "Octa" as a brand hasn't disappeared entirely. A Cyprus-based entity holding a CySEC license continues operating under the Octa name and wasn't part of the split, alongside a couple of other regional entities whose future branding remains unclear. So if you see both "Octa" and "Elev8" mentioned online, that's why — they've split into separate paths, but Elev8 carries the Mauritius/Comoros side of the business. What Was OctaFX's Track Record Before the Rebrand?Before the split, Octa operated through multiple legal entities spanning different regulatory tiers — a Cyprus-licensed arm offering EU-level oversight, alongside offshore arms in St. Vincent & Grenadines, Comoros, and South Africa that handled the bulk of retail client onboarding. Most of that international client base — heavily concentrated in markets like India, Indonesia, and Nigeria — was onboarded through the offshore entities rather than the EU-regulated one, which is a structure fairly common across the industry but worth understanding clearly. On the day-to-day trading side, long-time users generally reported a workable experience: fast crypto withdrawals, responsive live chat, and multi-day processing for bank withdrawals were common themes in trader feedback over the years. At the same time, recurring complaints about MT4 server lag and disputed trade closures near take-profit levels showed up periodically, including reports that continued into early 2026 under the new Elev8 name — suggesting some technical issues carried over through the rebrand rather than being resolved by it. The bigger issue was regulatory, not technical. Beyond the India Enforcement Directorate case mentioned earlier, Malaysia's central bank and securities regulators had separately flagged the OctaFX brand for operating without local licensing. This combination — solid day-to-day service mixed with unresolved regulatory friction in several countries — is the track record Elev8 inherited when it launched. Does the Rebrand Change My Account, Funds, or Trading Conditions?According to Elev8's own statements, no — only the brand identity changes, including the name, logo, app design, and website, while operational processes, trading systems, and infrastructure remain the same. If you had an existing OctaFX account, you should have been migrated automatically without needing to open a new one from scratch. That said, "should be seamless" and "is seamless" aren't always the same thing during a corporate rebrand. Some users reported rockier transitions — including accounts temporarily showing as blocked or deleted for clients in unsupported countries during the migration window. If you have an active balance, it's worth logging in, confirming your funds and open positions carried over correctly, and testing a small withdrawal early rather than waiting until you need a large one. Is This Rebrand a Red Flag I Should Worry About?It depends on how much weight you put on regulatory history versus operational continuity. On one hand, the broker is continuing to operate under the same Mauritius and Comoros licenses it always had — nothing about the technical setup changed overnight, and it now says it's serving traders across more than 100 countries with access to MT4, MT5, and its own Elev8Trader platform. On the other hand, regulators in multiple countries have flagged the predecessor brand specifically, and the Comoros (Mwali) license itself remains a jurisdiction whose credibility is actively debated within the industry. The honest answer is: this isn't a scam-versus-legitimate binary. It's a broker with an unresolved regulatory cloud over its previous brand, now operating under a new name with the same underlying entities. If you're already trading with Elev8, the practical move is to keep position sizes reasonable, avoid leaving large balances sitting idle, and monitor for any further regulatory news. If you're considering opening a new account, it's worth weighing this history against brokers with more established, non-offshore regulation if capital protection is your top priority. What Should MyFxBack Clients Know About Cashback on Elev8?If you're trading Elev8 through MyFxBack's rebate program, the cashback mechanics themselves aren't affected by the rebrand — you still earn a rebate on every executed lot regardless of what name sits on the platform's logo. That part of the equation stays simple. Where it matters more is risk management. Given the regulatory questions still surrounding the entities behind Elev8, we'd suggest treating your rebate earnings as a genuine bonus on top of your trading activity, not as a reason to increase deposit size or trading volume beyond what you're already comfortable risking with this specific broker. If you're unsure whether Elev8 fits your risk tolerance, pairing it with a more established, non-offshore-regulated broker in your MyFxBack portfolio is a reasonable way to diversify counterparty risk while still capturing cashback across the board. Frequently Asked QuestionsWill my OctaFX account number stay the same on Elev8?Most users report keeping the same account number and balance after migration, though a handful of reports mention temporary access issues, especially for accounts flagged in countries Elev8 doesn't officially serve. If you can't log in, contacting support directly with your old account number is the fastest fix. Is Elev8 still using MetaTrader?Yes. Elev8 continues to offer MT4 and MT5 alongside its own proprietary Elev8Trader platform, so your existing EAs, indicators, and trading setup should carry over without needing to relearn a new system. Should I withdraw my funds now just to be safe?That's a personal risk decision, but given the regulatory history, it's reasonable to periodically test withdrawals rather than letting a large balance sit untouched for long stretches — that applies whether you're cautious by nature or not. Elev8 Broker Review 2026: Is Elev8 Legit and Is It Worth Trading With? Powered by Firstory Hosting
